PM Modi received Seoul Peace Prize 2018 for Modinomics

modi seoul award

Prime Minister Narendra Modi received the Seoul Peace Prize 2018 for his contribution to high economic growth in India and the world through ‘Modinomics’, the award citation stated. Ministry of External Affairs said his contribution to world peace, improving human development and furthering democracy in India, too, were the reasons for him getting the award. PM Modi is the fourteenth recipient of this award.

What MEA says about this peace prize, “The Seoul Peace Prize Committee has decided to confer the 2018 Seoul Peace Prize on Prime Minister Narendra Modi, in recognition of his dedication to improving international cooperation, raising global economic growth, accelerating the Human Development of the people of India by fostering economic growth in the world’s fastest-growing large economy and furthering the development of democracy through anti-corruption and social integration efforts.”

The committee lauded his initiatives to make the government cleaner through anti-corruption measures and demonetisation. It also credited the Prime Minister for his contribution towards regional and global peace through a proactive foreign policy with countries around the world under the ‘Modi Doctrine’ and the ‘Act East Policy.’

The Seoul Peace Prize was established in 1990 to commemorate the success of the 24th Olympic Games held in Seoul, Republic of Korea. The prize is awarded to those who have made their mark through contributions to the harmony of mankind, reconciliation between nations and to world peace. This award given to UN Secretary-General Kofi Annan including, German Chancellor Angela Merkel and renowned international relief organizations like Doctors Without Borders and Oxfam. Before selecting PM Modi for this award,committee assessed over a hundred candidates proposed by over 1300 nominators from around the world, the Award Committee decided to bestow the Prize on PM Modi, calling him ‘the perfect candidate for 2018.

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